Th3 Core

Why We Are Here => Economics & Investing => Topic started by: rcjordan on March 01, 2019, 12:26:27 AM

Title: Gap to shut 230 stores over 2 years, posts mixed holiday results
Post by: rcjordan on March 01, 2019, 12:26:27 AM
and corporate is going to spin off the dregs

https://www.cnbc.com/2019/02/28/gap-to-shut-230-stores-over-2-years-posts-mixed-holiday-results.html
Title: Re: Gap to shut 230 stores over 2 years, posts mixed holiday results
Post by: littleman on March 01, 2019, 02:00:28 AM
Seems like all the corporations are in a race to downsize, no one wants to be the last below deck.
Title: Re: Gap to shut 230 stores over 2 years, posts mixed holiday results
Post by: Drastic on March 01, 2019, 07:29:09 PM
This made me nervous since I get a lot of clothing from Old Navy. They're one of the few retailers with tall sizes readily available.

Seems they (old navy) are to be spun off and live on.